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RECENT TRANSACTIONS (Details)
$ in Thousands
1 Months Ended 3 Months Ended
Mar. 16, 2017
USD ($)
Mar. 01, 2017
USD ($)
Jan. 08, 2017
USD ($)
a
Jan. 06, 2017
USD ($)
a
Mar. 31, 2017
USD ($)
Mar. 31, 2017
USD ($)
Mar. 31, 2016
USD ($)
Recent transactions              
Equity in earnings from Real Estate and Other Affiliates           $ 8,520 $ 1,932
Revenues since the acquisition date           231,762 239,666
Pre-tax net loss since the acquisition date           15,356 208,998
Gain recognized on the sale of Redlands Promenade           32,215 140,479
Proceeds from sales of properties           $ 36,000 $ 378,257
5.375% senior notes due March 15, 2025              
Recent transactions              
Aggregate principal amount of debt issued $ 800,000            
Interest rate (as a percent) 5.375%            
Redemption price percentage of principal 35.00%            
Redemption price percentage at which Notes can be redeemed 105.375%            
Senior Notes 6.875 Percent Due 2021              
Recent transactions              
Aggregate principal amount of debt issued $ 750,000            
Interest rate (as a percent) 6.875%            
Redemption price percentage of principal 100.00%            
The Outlet Collection, Elk Grove              
Recent transactions              
Number of acres under development | a     64        
Las Vegas 51s LLC [Member]              
Recent transactions              
Economic/Legal Ownership   100.00%          
Las Vegas 51s LLC [Member]              
Recent transactions              
Economic/Legal Ownership   50.00%          
Payment to acquire JV partner's interest   $ 16,400          
Assets acquired and consolidated into financial statements   35,600          
Liabilities assumed and consolidated into financial statements   2,300          
Gain recognized from acquisition   5,400          
Equity in earnings from Real Estate and Other Affiliates   $ 200          
Revenues since the acquisition date         $ 1,300    
Pre-tax net loss since the acquisition date         $ 300    
Landmark Mall [Member]              
Recent transactions              
Area of Land | a       11.4      
Purchase price of acquisition       $ 22,200      
The Outlet Collection, Elk Grove              
Recent transactions              
Area of Land | a     100        
The Outlet Collection, Elk Grove | Disposal by Sale              
Recent transactions              
Area of land sold | a     36        
Proceeds from sale     $ 36,000        
Gain recognized on the sale of Redlands Promenade     $ 32,200